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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating Activities      
Net loss $ (11,482) $ (3,079) $ (7,297)
Adjustments to reconcile net income to cash provided by operating activities:      
Content rights amortization and impairment 13,946 16,024 14,161
Content restructuring impairments and write-offs 165 115 2,808
Depreciation and amortization 7,037 7,985 7,193
Deferred income taxes (1,732) (2,344) (2,842)
Preferred stock conversion premium 0 0 789
Equity in losses of equity method investee companies and cash distributions 167 157 211
Gain on extinguishment of debt (632) (17) 0
Share-based compensation expense 557 500 412
Impairments and loss on dispositions 9,603 77 116
Gain from derivative instruments, net (16) (151) (501)
Gain on sale of investments (227) 0 (199)
Other, net 115 199 435
Changes in operating assets and liabilities, net of acquisitions and dispositions:      
Receivables, net 1,012 312 181
Film and television content rights, games and production payables, net (12,349) (12,305) (12,562)
Accounts payable, accrued liabilities, deferred revenues and other noncurrent liabilities (529) (820) 1,529
Foreign currency, prepaid expenses and other assets, net (260) 824 (130)
Cash provided by operating activities 5,375 7,477 4,304
Investing Activities      
Purchases of property and equipment (948) (1,316) (987)
Cash (used for) acquired from business acquisitions and working capital settlement 0 (50) 3,612
Investments in and advances to equity investments (109) (112) (168)
Proceeds from sales and maturities of investments 541 0 306
Proceeds from derivative instruments, net 136 121 752
Other investing activities, net 31 98 9
Cash (used in) provided by investing activities (349) (1,259) 3,524
Financing Activities      
Principal repayments of term loans 0 (4,000) (6,000)
Principal repayments of debt, including premiums and discounts to par value (5,043) (2,860) (1,315)
Borrowings from debt, net of discount and issuance costs 1,617 1,496 0
Distributions to noncontrolling interests and redeemable noncontrolling interests (193) (301) (300)
Purchase of redeemable noncontrolling interest 0 (49) 0
Borrowings under commercial paper program and revolving credit facility 14,203 5,207 2,393
Repayments under commercial paper program and revolving credit facility (14,203) (5,214) (2,395)
Other financing activities, net (130) (116) (125)
Cash used in financing activities (3,749) (5,837) (7,742)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (180) 8 (61)
Net change in cash, cash equivalents, and restricted cash 1,097 389 25
Cash, cash equivalents, and restricted cash, beginning of period 4,319 3,930 3,905
Cash, cash equivalents, and restricted cash, end of period $ 5,416 $ 4,319 $ 3,930